83R2457 KJM-D By: Watson S.B. No. 541 A BILL TO BE ENTITLED AN ACT relating to annual reports regarding federal funding for state agencies. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 2101.011, Government Code, is amended by adding Subsection (c-1) to read as follows: (c-1) A state agency must include in the agency's annual financial report an explanation of: (1) the amount of federal funding the agency uses to fund agency operations, including each federal program from which the agency receives or is eligible to receive federal funding; and (2) the amounts of any increases in federal funding, including matching funds, that would be available to the agency if state funding for agency operations were increased. SECTION 2. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2013.